Tesla's enters India market with Model Y cars starting at ₹60 lakh | 5 facts

The company's experience center in Bandra Kurla Complex in Mumbai was inaugurated by Maharashtra Chief Minister Devendra Fadnavis.

Updated on: Jul 15, 2025, 18:32:38 IST

By HT News Desk

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Tesla Inc. officially entered India with the opening of its first showroom in Maharashtra's Mumbai on Tuesday, thus marking its entry in the world's third largest automotive market.

During the launch, the showroom had two model Ys on display. (Hindustan Times)

The company's experience center in Bandra Kurla Complex in Mumbai was inaugurated by Maharashtra chief minister Devendra Fadnavis.

At the launch, Fadnavis said that the state government wants to see research and development and manufacturing in India. “I am sure Tesla will think about it at an appropriate stage,” the Maharashtra CM said, according to PTI.

The Elon Musk owned company's entry in India comes at a pivotal time for both the country and the global EV giant. India's electric vehicle market is at a nascent stage, making up only over 2 per cent of the total car sales last year.

Meanwhile, Tesla's sales have seen a plunge between April and June this year, majorly over Elon Musk's political venture.

Five facts about Tesla's showroom and the new Model Y

📌 Tesla in India will start its sales with the Model Y cars, worth $70,000. During the launch, the showroom had two model Ys on display. According to Tesla's website, the rear-wheel drive variant has a starting price of ₹59,89,000. The longer variant starts at ₹67,89,000.

📌The showroom at Maker Maxity Commercial Complex is a 4000-square-foot-space, which has the Tesla logo displayed in black against a white wall.

📌 Tesla's prices in India are about a third more than the United States without a federal tax credit, Bloomberg reported. This is due to the 70 per cent to 110 per cent tariffs imposed on imported cars.

📌 The EV maker will likely compete with luxury car makers like BMW and Mercedes Benz Group rather than budget players like Mahindra & Mahindra, Tata Motors, etc. However, it can bring progress to India's EV market and “drive innovation”, Associated Press quoted an associate director with S&P Global Mobility as saying.

📌Tesla's second showroom is expected to open in Delhi in July, with the firm already initiating local hiring and arranging for warehouse space in the Capital.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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